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the officials also agree to continue patrols in the south china sea where china is engaged in similar island disputes with the philippines, vietnam and other countries. >>> japanese officials say more than ten chinese planes, including military aircraft, approached japan's air defense identification zone over the east china sea on thursday. aircraft flying inside the zone are required to notify japanese authorities of their flight plans. some of the planes entered the zone, prompting the scrambling of air force defense force fighter jets. the which i needs planes left the zone without entering airspace. >>> eric schmidt has called on north korea to allow its citizens to use the internet and connect with the outside world. schmidt spoke to reporters in beijing on thursday after a four-day visit to pyongyang with bill richardson. he said their visit was private. but he pointed out that the internet access in the north is limited to government, military and university officials. >> the government has to do something. they have to make it possible for people to use the internet, which the
the officials also agree to continue patrols in the south china sea where china is engaged in similar island disputes with the philippines, vietnam and other countries. >>> japanese officials say more than ten chinese planes, including military aircraft, approached japan's air defense identification zone over the east china sea on thursday. aircraft flying inside the zone are required to notify japanese authorities of their flight plans. some of the planes entered the zone, prompting...
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integrated energy to the market site today. >> reporter: but back in china, investors say china integrated energy was pulling a fast one. watch what the photos say on the one day the american investors were invited to the factory for a tour. >> the first time in four months, it's 7:00 in the morning, we see tanker trucks show up, and then at precisely 9:45, a big red bus shows up and it's full of investors. >> reporter: they're given a tour and put back on the bus and driven away. >> and the place shuts back down again just like it had been for the four months prior. >> reporter: and in the weeks following the investor tour, anything going on? >> nothing. just as dead as before. >> reporter: so this was a complete con job. >> exactly. >> reporter: china integrated energy, which owns two other fuel plants, acknowledges there were problems at this factory but denied there was any fraud. even so, it was one of some 70 chinese companies that an abc news investigation found have been delisted or left nasdaq and the new york stock exchange because of suspected fraud. >> the common theme among th
integrated energy to the market site today. >> reporter: but back in china, investors say china integrated energy was pulling a fast one. watch what the photos say on the one day the american investors were invited to the factory for a tour. >> the first time in four months, it's 7:00 in the morning, we see tanker trucks show up, and then at precisely 9:45, a big red bus shows up and it's full of investors. >> reporter: they're given a tour and put back on the bus and driven...
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the issue of censorship has flared up across china. another newspaper, one affiliated with the communist party, ran an editorial on monday calling for calm. it said, anyone showing an opposition to the government will be considered a loser. sources say chinese authorities ordered other newspapers to publish the article. many did on tuesday. "the beijing news" did not. they ran a part of the editorial a day later after repeated requests by authorities. an online posting alleged the government threatened to close the newspaper if staff didn't comply. the publisher of "the beijing news" has reportedly said he plans to resign. someone uploaded a photo to the internet that apparently shows employees crying as they listened to his announcement. postings of this nature are often deleted soon after they appear. chinese officials seem to be on even higher alert against the threat of social unrest. >> authorities in china are trying to show the public they are listening to their concerns on another issue. they disciplined more than 160,000 gover
the issue of censorship has flared up across china. another newspaper, one affiliated with the communist party, ran an editorial on monday calling for calm. it said, anyone showing an opposition to the government will be considered a loser. sources say chinese authorities ordered other newspapers to publish the article. many did on tuesday. "the beijing news" did not. they ran a part of the editorial a day later after repeated requests by authorities. an online posting alleged the...
WHUT (Howard University Television)
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china's economic slowdown dampened imports as well. the country's trade with japan fell almost 4% from the previous year. the drop was the first since 2009 when the collapse of lehman brothers triggered a global recession. now a chinese government official told reporters that trade is expected to show signs of recovery and the pace of trade growth will be higher than in 2012. the official also indicated that the tension over the senkakou islands will continue to impact bilateral trade this year. >>> toyota's prius has been named the top selling vehicle in the domestic market for the fourth year in a row. the japan automobile association says pruis sales in 2012 peaked at more than 210,000 units, up more than 25% from the previous year. another toyota compact the aqua came in second thanks to government subsidies for fuel-efficient vehicles. subsidies did end last september. mira came in third with sales of nearly 220,000 units followed by the n box and the fit. >>> let's get a check of the markets now. asian investor sentiment was lift
china's economic slowdown dampened imports as well. the country's trade with japan fell almost 4% from the previous year. the drop was the first since 2009 when the collapse of lehman brothers triggered a global recession. now a chinese government official told reporters that trade is expected to show signs of recovery and the pace of trade growth will be higher than in 2012. the official also indicated that the tension over the senkakou islands will continue to impact bilateral trade this...
WHUT (Howard University Television)
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and india, we always talk about being overtaken by china, but china and india are competing with each other for that role. can they possibly think about becoming a super power when their own police rape women who have been raped, who come -- there were many incidents in the past couple of years where including a 16-year-old girl brought by her parents to the police station because she'd been raped. then the police raped her. this goes on with some degree of frequency. >> that's very important point. that is the -- as a country rises to -- it's economic power, it becomes the focus of other countries and is much more sensitive to the kinds of criticism that india is now getting. but there is a very important issue that needs to be uncovered here. these are gangs of very young men who roam the street, india is one of those countries which has favored male over female births and they are paying the price for it now. these are young unaffiliated men, there are not comparable women in their age group to be with them that -- in the society that doesn't value women anyway. they're out like wo
and india, we always talk about being overtaken by china, but china and india are competing with each other for that role. can they possibly think about becoming a super power when their own police rape women who have been raped, who come -- there were many incidents in the past couple of years where including a 16-year-old girl brought by her parents to the police station because she'd been raped. then the police raped her. this goes on with some degree of frequency. >> that's very...
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the cities have become a rallying point for those seeking political change in china. journalists have been on strike after an editorial calling for political reform was censored by the government. the staff are back at work. >> a sound off may have ended, but outside, the protesters are still gathering to show their support for the newspaper. >> they speak the truth, says this woman. i've got no where else to go to tell my misery. the ripples of this newspaper strike are being felt across china. >> i think this incident will go down in history books. it is a very influential newspaper. they stood up and said no on the controls imposed upon them, so this is significant. >> demonstrators say that without freedom of speech, china will reach a dead end. silif in oeng.e showinggn sign of listening. >> today should have been the day that hugo chavez was sworn in as the venezuelan president. his supporters took to the streets of the capital, and the controversial figure has led the oil-rich company since 1999. he remains in hospital after having cancer surgery. >> he said hi
the cities have become a rallying point for those seeking political change in china. journalists have been on strike after an editorial calling for political reform was censored by the government. the staff are back at work. >> a sound off may have ended, but outside, the protesters are still gathering to show their support for the newspaper. >> they speak the truth, says this woman. i've got no where else to go to tell my misery. the ripples of this newspaper strike are being felt...
SFGTV2: San Francisco Government Television
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whatever companies do not come here could end up going to europe or japan or china. we want them to maybe have their headquarters here in the bay area. >> is there one regional issue that elected officials across the region could focus on? if we are back here 12 months from now, i am able to ask you the question -- here is what you said 12 months ago and here is where we are now. is there one thing? >> i think it will be transportation. we have to make that infrastructure investment. we have to get our federal and state government more aligned. i know jerry is a big fan of our high speed rail, but we have to turn the corner on that. for us, in san francisco, a third of our flights out of sfo is to los angeles. we cannot have the capacity for international flights. the whole secret behind international success is having those flights coming in. unless we move that l.a. commute over to high-speed rail, which is an excellent thing, we will not be able to treat the capacity we need because we cannot expand the airport. >> last word to you, lisa. >> i will sit a couple of
whatever companies do not come here could end up going to europe or japan or china. we want them to maybe have their headquarters here in the bay area. >> is there one regional issue that elected officials across the region could focus on? if we are back here 12 months from now, i am able to ask you the question -- here is what you said 12 months ago and here is where we are now. is there one thing? >> i think it will be transportation. we have to make that infrastructure...
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china has bottomed, we think, and that should help chinese stocks and stocks in greater china and i think it should help stocks across asia. it should also help a little bit in the natural resources producing economies brazil and peru. >> tom: and what about brazil -- >> another one. >> tom: why not japan. >> japan has a positive impetus from a changep change of policy. >> tom: lots of new government spending trying to pull that economy out from the doldrums it has been in for almost a generation. >> that's what they say, and they've said that before. and the question is not will they do something -- they will. the question is will they keep at it. but will it be a lasting impact. right now the jury is out on that, but japanese stocks have been doing better and understandably so because they have more policy impetus behind them. >> tom: you mentioned latin-america. within latin-america, brazil has been a big engine for a long long time. and we've seen chile come along recently. argentina, not so much. is there an area that you like specifically? >> i do like brazil because it is an econom
china has bottomed, we think, and that should help chinese stocks and stocks in greater china and i think it should help stocks across asia. it should also help a little bit in the natural resources producing economies brazil and peru. >> tom: and what about brazil -- >> another one. >> tom: why not japan. >> japan has a positive impetus from a changep change of policy. >> tom: lots of new government spending trying to pull that economy out from the doldrums it has...
SFGTV2: San Francisco Government Television
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i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming this way and we want goods going out that way. >> are you doing anything like that? >> we have been working on the north-south access. we have a biannual that denver works on that brings people together for cultural, business, intellectual exchange and focuses on mexico and chile and brazil. one of the great things we're missing right now, it is part of the root of this mess about it -- immigration. our partners are right there. those old movies where people -- there was the girl next door, and the hero tries to fall in love with some likely candidates. she turns out to be loyal and ticks down her hair and -- takes down her hair and glasses. that is mexico. brazil and you'll get all those countries, we have to go look at chi
i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming this way and we want goods going out that way. >> are you doing anything like that? >> we have been working on the north-south access. we have a biannual...
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sea an arms race between china and japan is escalating while beijing's abusing its drone program to use i in the pages of a cutting edge to you was model japan based journalist james compensates with both sides ready to spend more on the military some stand to gain from the deepening crisis. i think they are preparing to to be ready to commit more more resources to the military expenditures and they're getting ready to do that even as we speak and i think we see really the start of a new normal here and in east asia as unfortunately i think tension military tensions are going to lead to increasing military expenditures on both sides as japan is looking to buy some more global hawk drones and china is launching some new line up to its own fleet of drones and i think that washington is perfectly happy to to encourage japan in this not only because it obviously benefits their armaments industry and the defense contractors who stand to make the billions that japan will be spending on increased expenditures but also because i think when the further the wedge is driven between japan and c
sea an arms race between china and japan is escalating while beijing's abusing its drone program to use i in the pages of a cutting edge to you was model japan based journalist james compensates with both sides ready to spend more on the military some stand to gain from the deepening crisis. i think they are preparing to to be ready to commit more more resources to the military expenditures and they're getting ready to do that even as we speak and i think we see really the start of a new normal...
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china has bottomed, we think, and that should help chinese stocks and stocks in greater china, and i think it should help stocks across asia. it should also help a little bit in the natural resources producing economies, brazil and peru. >> tom: and what about brazil -- >> another one. >> tom: why not japan. >> japan has a positive impetus from a changep change of policy. >> tom: lots of new government spending, trying to pull that economy out from the doldrums it has been in for almost a generation. >> that's what they say, and they've said that before. and the question is not will they do something -- they will. the question is will they keep at it. but will it be a lasting impact. right now the jury is out on that, but japanese stocks have been doing better and understandably so because they have more policy impetus behind them. >> tom: you mentioned latin-america. within latin-america, brazil has been a big engine for a long, long time. and we've seen chile come along recently. argentina, not so much. is there an area that you like specifically? >> i do like brazil because it is
china has bottomed, we think, and that should help chinese stocks and stocks in greater china, and i think it should help stocks across asia. it should also help a little bit in the natural resources producing economies, brazil and peru. >> tom: and what about brazil -- >> another one. >> tom: why not japan. >> japan has a positive impetus from a changep change of policy. >> tom: lots of new government spending, trying to pull that economy out from the doldrums it...
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think he's looking to to put his stake down it's as someone who can really be a strong defender of china so i think we're really going to see an entrenched position on both sides and it looks like there is a new normal of wars and increasing expenditures that are likely for the next several years. well it's worth seeking inventor turns deadly and russia an investigation is underway after a giant inflatable ball known as orbit plunges off the mountain killing one man and seriously injuring another all the details of the accident are on our website. also on why. your clothes designer has an eye on big brother producing a lot of garments designed to make the wearer nearly visible to spy drones all bats . you. choose your language. clearly make it without waiting for the mentally ill going to kill someone. she was going to consider. the opinions of the great. jews the stories that impact the. truth access to. welcome back now the union flag has been lowered over about fast city hall flying for the first time since council decided to and the century old tradition of displaying all your column
think he's looking to to put his stake down it's as someone who can really be a strong defender of china so i think we're really going to see an entrenched position on both sides and it looks like there is a new normal of wars and increasing expenditures that are likely for the next several years. well it's worth seeking inventor turns deadly and russia an investigation is underway after a giant inflatable ball known as orbit plunges off the mountain killing one man and seriously injuring...
SFGTV: San Francisco Government Television
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and now students travel to china to speak the language and live the culture. and none of this it would be without liana szeto. i remember her tireless way to be sure of this success. and determined and still has tireless energy and still have the vision. only now she needs to see it in a slightly larger font. i am -- [laughter] i was going to take that out, but my staff said to keep it in. i am so honored to be a part of alice fong yu's past and present. and look forward to the future. many thanks to the students, parent and staff to make alice fong yu such an awesome place. i speak for all of us, truly no place we would rather be. congratulations to the afy school community and to liana szeto, our fearless leader forever. thank you. [applause] >> hello, good evening, i am jay taylor. i am the student advisor for alice fong yu, i have been there for -- years. it has been a while. i would like to start by saying, quote, whether our action is wholeless or unwholeless, depends on whether the action or deed arises from a disciplined or undisciplined mind. and it's
and now students travel to china to speak the language and live the culture. and none of this it would be without liana szeto. i remember her tireless way to be sure of this success. and determined and still has tireless energy and still have the vision. only now she needs to see it in a slightly larger font. i am -- [laughter] i was going to take that out, but my staff said to keep it in. i am so honored to be a part of alice fong yu's past and present. and look forward to the future. many...
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job market, and datomfrderaraa t china. the s&p 500 was in the green for te eomirntsession, endinirup 0.8%, just shy of a five year high. trading volume picked up to 726 million shares on the big board. over 1.7 billion shares on thend nasdaq. all 10 of the major stock sectors were stronger. the financial sector led the gains, up 1.4%. energy was up 1%. and the telecommunications sector gained 0.8%. after the closing bell, the focus remains on finance. american express released its fourth quarter earnings, announcing them a week earlier than expected. earnings came in three cents per share better than expected. but the firm will cut 5,400 jobs, reducing its employee count by 8.5%. american express shares were up 0.9% ending the regular session just below a new 52 week high. and the stock continued rallying in extended hours trading, up another 1%. if that holds through tomyeorw'o en beinopitllg ld w, a ouroewn 12 month high. other financial stocks movingew today included morgan stanley, up 3.7%. it announcei rtswn o oiouf r
job market, and datomfrderaraa t china. the s&p 500 was in the green for te eomirntsession, endinirup 0.8%, just shy of a five year high. trading volume picked up to 726 million shares on the big board. over 1.7 billion shares on thend nasdaq. all 10 of the major stock sectors were stronger. the financial sector led the gains, up 1.4%. energy was up 1%. and the telecommunications sector gained 0.8%. after the closing bell, the focus remains on finance. american express released its fourth...
WHUT (Howard University Television)
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china trading. >> huge numbers out of china. economists were expecting around 6% increase until exports. instead, 14.1% -- absolutely huge rise, and through. really surprised everyone. obviously, the optimism is this means china is coming out of its economic difficulty. the hope is it will return to 8% growth rate by the end of this year. whether or not it is realistic is another question. primarily the concern being expressed by economists as somebody has got to be buying the goods in china is exporting them. it surely is not the european union and not north america. >> interest rates kept in chains for the past two years. the ecb, are there any signs of some sort of growth? >> there are some positive implications coming through in the numbers for europe. we have a rather dismal unemployment figures but unemployment numbers are and liking indicator for growth in the economy. we saw a disappointing numbers on youth unemployment in italy and spain, but we saw positive figures in germany. remember, gentleman wages are actually beg
china trading. >> huge numbers out of china. economists were expecting around 6% increase until exports. instead, 14.1% -- absolutely huge rise, and through. really surprised everyone. obviously, the optimism is this means china is coming out of its economic difficulty. the hope is it will return to 8% growth rate by the end of this year. whether or not it is realistic is another question. primarily the concern being expressed by economists as somebody has got to be buying the goods in...
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we see that in china there is a little less. in europe it's a little more. and when we compare europeans, in southern europe, in tuscany it's a little more than it is in other parts of europe. narrator: outside africa, hawks' data showed the chinese have the smallest dose of neanderthal dna some individuals having as little as two percent. but in tuscany, northern italy this rises to around four percent. so hawks' data shows that tuscans have more neanderthal genes than any other people living today. if hawks is right, ice age southern europe was a hotbed of neanderthal-human interbreeding. hawks: this was neanderthal habitat. modern humans were interbreeding with them, for a longer time and over a larger geographic space. and subsequently europeans got a little bit more neanderthal dna. narrator: today, a simple blood test can estimate how much of our genetic identity is neanderthal. hawks: do you guys want to find out? students: yes. are you sure you're ready? yes, yes, get over it, okay, all right. at 1.3 percent the least is arial. that's very characteri
we see that in china there is a little less. in europe it's a little more. and when we compare europeans, in southern europe, in tuscany it's a little more than it is in other parts of europe. narrator: outside africa, hawks' data showed the chinese have the smallest dose of neanderthal dna some individuals having as little as two percent. but in tuscany, northern italy this rises to around four percent. so hawks' data shows that tuscans have more neanderthal genes than any other people living...
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they can grow 5% to 7%, 5% would be very weak for china. we looked at the possibility of growing 3%, 3.5% in china, which, in our mind, would be a hard landing, you know, we don't trust chinese statistics on their economy, so, you know, this 1% latitude we give them. we did an analysis, sensitivity study, what if they hit 3%, it would be a collapse in their cap x. that's where they've grown the most over the recent years. that's where they're most vulnerable. they have huge debt loads. government may be pulling back on debt to some of these state-owned enterprises. we do have a major transition in chinese company, or chinese government taking place right now. it started in november and it will conclude in march and we don't know their full agenda or objectives, so, it's -- >> you actually did a analysis where you plugged that in, you saw what the impact would be around the world in terms of gdp, which we just showed our viewers, but also on commodities, various complexes, the oil, as we'll as metals here, so, why don't you walk us through t
they can grow 5% to 7%, 5% would be very weak for china. we looked at the possibility of growing 3%, 3.5% in china, which, in our mind, would be a hard landing, you know, we don't trust chinese statistics on their economy, so, you know, this 1% latitude we give them. we did an analysis, sensitivity study, what if they hit 3%, it would be a collapse in their cap x. that's where they've grown the most over the recent years. that's where they're most vulnerable. they have huge debt loads....
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tackling markets like china. you may not have the same type of consumer that you do over here in the united states that's willing to pay several hundred dollars for a phone, especially if you believe what jon fortt is saying where he's saying they may not be willing to pay the kind of subsidies that folks have gotten used to here in the states. >> china mobile has something to gain for a deal because iphone subscribers are known to be the most valuable for a telecom so, you know, china mobile risks some consumers in china flocking to, you know, the other carriers that carry the iphone. >> well, if we see no deal, let's say apple fails to win a deal, what would that mean for competitors? i mean, how important is this given the fact that so many technology companies are betting on this enormous population in china and throughout asia? >> it would be a huge loss for apple. i mean, they are already seeing subscriber share for the iphone in china go down to companies like samsung and lenovo so this would be a pretty b
tackling markets like china. you may not have the same type of consumer that you do over here in the united states that's willing to pay several hundred dollars for a phone, especially if you believe what jon fortt is saying where he's saying they may not be willing to pay the kind of subsidies that folks have gotten used to here in the states. >> china mobile has something to gain for a deal because iphone subscribers are known to be the most valuable for a telecom so, you know, china...
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and trade data from china that exports increase more than expected means the oil is actually rising to the highest level in three months now as you can see that as the world's second largest you can see much china of course that trade data is helping to boost the price of oil right now as you can see there going up with now the russian ruble has finished up the session mixed in the four x. well stronger against the u.s. dollar but still loitering around below the forty mark against the euro you can see that and it's been at that level since august twenty seventh i should say the russian actually markets have also finished the session makes us despite oil getting them i think so as you can see finish the session in negative territory by about six tenths of a percent below the waterline. and they thing on online shopping has drastically transform the way global consumers shop now people much prefer to order their good is in the comfort of their own homes rather than do it long queues of people and cars and no rust is catching on after lacking behind for the last decade but according to a
and trade data from china that exports increase more than expected means the oil is actually rising to the highest level in three months now as you can see that as the world's second largest you can see much china of course that trade data is helping to boost the price of oil right now as you can see there going up with now the russian ruble has finished up the session mixed in the four x. well stronger against the u.s. dollar but still loitering around below the forty mark against the euro you...
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it's all about china. oil imports rising more than 7% last month, offsetting the bearish demand picture in the u.s. inventories which are sitting right now at five-year highs. now let's get to our floor show, because we've got traders standing by at the new york stock exchange, the cme group and, of course, the nymex. jonathan is standing by at the new york stock exchange. all right, jonathan, talk to me about the move today that we're seeing. again, a lot of interest in the financials, top performing sector in 2012. are we still bullish on this group in the next couple of months, three months? >> i'm bullish on that group. i've been bullish for a while there, and i think overall this market's going to have legs in it. when talking about the financials, i think that was the redheaded stepchild that everybody ran away from 2008, 2009, 2010. and now as rules and regulations have come into place, a little more transparency, i think people are warming up to this sector once again understanding the profitabilit
it's all about china. oil imports rising more than 7% last month, offsetting the bearish demand picture in the u.s. inventories which are sitting right now at five-year highs. now let's get to our floor show, because we've got traders standing by at the new york stock exchange, the cme group and, of course, the nymex. jonathan is standing by at the new york stock exchange. all right, jonathan, talk to me about the move today that we're seeing. again, a lot of interest in the financials, top...
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but it isn't all china. no, russia, brazil, and india all called out as beginning to reaccelerate and that plus steady albeit low growth in the united states and slow of the rate of decline in europe is contributing to the worldwide acceleration. europe can't drag down the world as fast as china pulls it up. where alcoa's projections are most encouraging is in the line-by-line items of each product line. wealth of potential for aluminum, the base products they think are going to climb because of a tightening of global inventories. specifically alcoa sees aerospace and automotive demand strengthening, albeit lower levels than last year, but it makes it difficult to see an even bigger ramp in 2013. aerospace, growing about 9% to 10%. down 13% or 14%, rooted in 8,900 orders for large aircraft, and good gains in regional and business jets, kleinfeld sees auto production going up to 16 million. that's back to pre-recession levels. while going from 7% to 10% growth in china, up from 6% to 7% growth last year. agai
but it isn't all china. no, russia, brazil, and india all called out as beginning to reaccelerate and that plus steady albeit low growth in the united states and slow of the rate of decline in europe is contributing to the worldwide acceleration. europe can't drag down the world as fast as china pulls it up. where alcoa's projections are most encouraging is in the line-by-line items of each product line. wealth of potential for aluminum, the base products they think are going to climb because...
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Jan 10, 2013
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the cities have become a rallying point for those seeking political change in china. journalists have been on strike after an editorial calling for political reform was censored by the government. the staff are back at work. >> a sound off may have ended but outside the protesters are still gathering to show their support for the newspaper. >> they speak the truth, says this woman. i've got no where else to go to tell my misery. the ripples of this newspaper strike are being felt across china. >> i think this incident will go down in history books. it is a very influential newspaper. they stood up and said no on the controls imposed upon them, so this is significant. >> demonstrators say that without freedom of speech, china will reach a dead end. authorities are showing little sign of listening. >> today should have been the day that hugo chavez was sworn in as the venezuelan president. his supporters took to the streets of the capital and the controversial figure has led the oil-rich company since 1999. he remains in hospital after having cancer surgery. >> he said
the cities have become a rallying point for those seeking political change in china. journalists have been on strike after an editorial calling for political reform was censored by the government. the staff are back at work. >> a sound off may have ended but outside the protesters are still gathering to show their support for the newspaper. >> they speak the truth, says this woman. i've got no where else to go to tell my misery. the ripples of this newspaper strike are being felt...
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Jan 10, 2013
01/13
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we've gone over china, the banks, and housing. we've told you that the autos and insurance stocks should be bought on weakness and aerospace can work. stay focused when your favorite companies in these sectors. and tonight i've got two new ones, two themes that aren't going away. if anything, i think they're accelerating in 2013. the first, when you speak of big themes, you cannot ignore the revolution in energy in this country. >> buy, buy, buy! >> we have so much of it, particularly so much natural gas it will not be just 2013, 2012, but a multi-year game changer. while we're thrilled about north american energy independence, and by the way, the american technology behind them, don't forget that, we need to ask, how can this theme make us money? i mean, this is "mad money," not mad energy sufficiency. who are the principal winners from years of ultra cheap natural gas to come? the answer, the chemical companies. the plastic makers. because they're the big beneficiaries of the remarkably low cost of natural gas related feed stock
we've gone over china, the banks, and housing. we've told you that the autos and insurance stocks should be bought on weakness and aerospace can work. stay focused when your favorite companies in these sectors. and tonight i've got two new ones, two themes that aren't going away. if anything, i think they're accelerating in 2013. the first, when you speak of big themes, you cannot ignore the revolution in energy in this country. >> buy, buy, buy! >> we have so much of it,...
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china it's like the for light pull the out of the financial ditch while it struggles going to zone house in order and what can i bring to the party albeit i know what you think about the e.u. but what can i do know can it help for the europeans. well i suppose one of the things about the irish government successive governments is that they've also always gone out in the lead and to facilitate their partners and as you say ireland has been held up as a shining light but it's not some years ago ireland we've been held up as a shining light to encourage other countries to join the european union saying i remember this and some of that her eastern european countries that you know they should join the e.u. look at ireland but with an economic basket basket case before join the e.u. another look at it than economy this is don't forget the good times but when i don't and can't to the wall there was no one within the european establishment holding them up as a kind or responsible for what happened in ireland and i think you know there are two doors that the crisis in ireland responsibility for i
china it's like the for light pull the out of the financial ditch while it struggles going to zone house in order and what can i bring to the party albeit i know what you think about the e.u. but what can i do know can it help for the europeans. well i suppose one of the things about the irish government successive governments is that they've also always gone out in the lead and to facilitate their partners and as you say ireland has been held up as a shining light but it's not some years ago...
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of the european central bank as while the rest of the jokes about imposing territory trade data from china then that exports increase more than expected means that oil is rising to the highest level in three months as the world's second largest few consumer china of course data is really helping to boost the price of oil right now the russian ruble managed to finish up the session mixed in the four x. well they're gaining against the u.s. all of it still loitering against the euro there that level just below forty for the first time since august twenty seventh the russian markets have also finished the day mix and that's despite oil gailey you can see the myself down six tenths of a percent below the waterline. that is the market is that moving on ok online shopping has drastically transforms the way global consumers shop now people much prefer to order they get is in the comfort of their own homes rather than deal with long queues of people and cars and now russia is catching on after lacking behind for the last decade bought according to a report by morgan stanley twenty thirty mobley th
of the european central bank as while the rest of the jokes about imposing territory trade data from china then that exports increase more than expected means that oil is rising to the highest level in three months as the world's second largest few consumer china of course data is really helping to boost the price of oil right now the russian ruble managed to finish up the session mixed in the four x. well they're gaining against the u.s. all of it still loitering against the euro there that...
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Jan 10, 2013
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pfeifer media freedom in china. in newspaper publishes its first edition since its strike over censorship. syrian refugees who fled fighting and have found work in the country next door. a co-founder of the kurdish separatist movement pkk was found dead in paris with gunshot wounds. sakine cansiz was killed inside the kurdish institute along with two other women. the french interior minister has already visited the scene. >> i came here to this neighborhood where three women were slain, killed, and doubtless executed. this is a very grave matter and it explains my presence. this is unacceptable. >> we've got two correspondents following the story and in a moment we will speak to them in the turkish capital. but first, rory is at the scene. what is going on behind you? in essence of the news came out several hours ago we have seen a growing number of very angry kurdish people gathered in the streets of central paris just a few meters from the train station. they have been chanting support for the pkk. it seems what w
pfeifer media freedom in china. in newspaper publishes its first edition since its strike over censorship. syrian refugees who fled fighting and have found work in the country next door. a co-founder of the kurdish separatist movement pkk was found dead in paris with gunshot wounds. sakine cansiz was killed inside the kurdish institute along with two other women. the french interior minister has already visited the scene. >> i came here to this neighborhood where three women were slain,...
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Jan 10, 2013
01/13
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KRON
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export data coming out of china is not raising hopes. we will bring you the numbers on wall street throughout the morning and talked to our financial expert rob black at 645. the owner brown will be unveiling the new state budget. after years of double-digit deficits california's fiscal outlook is looking brighter. the governor has $6 billion in new tax revenue from the voters oppose tax increases on high-income earners and the state tax at an increase. it is the first time when many years of the state does not face drastic budget cuts. look for the governors are not increased spending on education even with the new revenue governor's state budget deficit is still projected to be about $2 billion according to legislative analyst's office. >> out winter weather advisory has been issued for the santa cruz mountains. jackie sissel is live giving us the view. as is highway 17 were you are? >> yes. it is the northbound side. it is actually pretty nice right now. of the stars are out and really know clouds to speak up. it feels like it is in t
export data coming out of china is not raising hopes. we will bring you the numbers on wall street throughout the morning and talked to our financial expert rob black at 645. the owner brown will be unveiling the new state budget. after years of double-digit deficits california's fiscal outlook is looking brighter. the governor has $6 billion in new tax revenue from the voters oppose tax increases on high-income earners and the state tax at an increase. it is the first time when many years of...
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Jan 10, 2013
01/13
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mercedes, however, finds itself in the slow lane in china. the stuttgart-based company's pour sales were mostly self- afflicted. it had supply chain problems. the parent company says it wants to catch up with bmw and audi and is targeting 2020 as the year it hopes to be back on top of the luxury sector. >> global food prices fell by 7% in 2012 according to the united nations food and agriculture organization, which did its final monthly audit of a basket of food commodities for the end of the year. >> prices for grains surged last summer due to a drought in america. the fao had warned of a potential food crisis, but a combination of international cooperation and falling demand help to ensure the spike was short-lived. still, the fao says food prices will remain at a high level when viewed historically, and they are likely to remain there throughout the coming year. >> well, on to hollywood now. the nominations are in for what are considered to be the most prestigious awards in the film world -- the oscars. >> leading the pack -- steven spielb
mercedes, however, finds itself in the slow lane in china. the stuttgart-based company's pour sales were mostly self- afflicted. it had supply chain problems. the parent company says it wants to catch up with bmw and audi and is targeting 2020 as the year it hopes to be back on top of the luxury sector. >> global food prices fell by 7% in 2012 according to the united nations food and agriculture organization, which did its final monthly audit of a basket of food commodities for the end of...
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Jan 10, 2013
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china mobile is the largest telecom company in china. apple does not have a relationship with them right mow. because of that, people are hoping that he and the company who, of course, has other executives, will be able to somehow broker some sort of deal, if not on this trip, at some point this year in order to get access to the 700 million people and people are saying, this is going to be an amazing catalyst for the stock. >> yeah. we'll have to see how they do it. eunice, thanks for this for now. sales are going up in china, but their market share is slipping from four to six. it's before the latest phone large. why are they losing market share? what do they need to do? >> it's great to be here, ross. apple has doubled sales in 2012. they hit about 22 billion in sales in 2012. china has become their second largest market. but apple is underperforming the market share. they've dropped from fourth to six in smartphones in the last year. it's come down to this. they've doubled their number of stores to only eight in china which is only o
china mobile is the largest telecom company in china. apple does not have a relationship with them right mow. because of that, people are hoping that he and the company who, of course, has other executives, will be able to somehow broker some sort of deal, if not on this trip, at some point this year in order to get access to the 700 million people and people are saying, this is going to be an amazing catalyst for the stock. >> yeah. we'll have to see how they do it. eunice, thanks for...
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Jan 10, 2013
01/13
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KOFY
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a investment fraud in china is costing americans billions and the government there refuses to stop what is going on. >> the and importance of good handwriting. especially if you are the secretary of treasury of the united states. there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. queen mattresses start at just $699. and right now, save 50% on the final closeout of our silver limited edition bed. u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he
a investment fraud in china is costing americans billions and the government there refuses to stop what is going on. >> the and importance of good handwriting. especially if you are the secretary of treasury of the united states. there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. our...
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Jan 10, 2013
01/13
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KCSMMHZ
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mercedes, however, finds itself in the slow lane in china. the stuttgart-based company's pour sales were mostly self- afflicted. it had supply chain problems. the parent company says it wants to catch up with bmw and audi and is targeting 2020 as the year it hopes to be back on top of the luxury sector. >> global food prices fell by 7% in 2012 according to the united nations food and agriculture organization, which did its final monthly audit of a basket of food commodities for the end of the year. >> prices for grains surged last summer due to a drought in america. the fao had warned of a potential food crisis, but a combination of international cooperation and falling demand help to ensure the spike was short-lived. still, the fao says food prices will remain at a high level when viewed historically, and they are likely to remain there throughout the coming year. >> well, on to hollywood now. the nominations are in for what are considered to be the most prestigious awards in the film world -- the oscars. >> leading the pack -- steven spielb
mercedes, however, finds itself in the slow lane in china. the stuttgart-based company's pour sales were mostly self- afflicted. it had supply chain problems. the parent company says it wants to catch up with bmw and audi and is targeting 2020 as the year it hopes to be back on top of the luxury sector. >> global food prices fell by 7% in 2012 according to the united nations food and agriculture organization, which did its final monthly audit of a basket of food commodities for the end of...
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Jan 10, 2013
01/13
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obviously the data last night out of china was actually exceptional. we saw exports and imports both off the charts. we also saw the eurozone benefiting as well with the draghi comments this morning, so i think that all in all a steady issue goes, "people" people expecting a dip. a lot of people expecting s&p earnings to be negative but yet the markets are still up. the fiscal cliff went okay, actually bad in my view. we had no entitlement cuts. only $650 billion in new revenue but yet again we're higher so there's a lot of other things going on that areng this market. vietnam made a new bull market high last night. we have china. >> right. >> high, japan, topix and other bull market high. >> right. >> so there's many things to be positive about. >> a lot of positives. certainly a lot of positives. money on the sidelines. ben pace, there you go. you've got some challenges for the economy, and yet this market wants to go higher. how do you play is t and where's the best place to allocate capital? >> well, i think at these levels, maria, moving sideways
obviously the data last night out of china was actually exceptional. we saw exports and imports both off the charts. we also saw the eurozone benefiting as well with the draghi comments this morning, so i think that all in all a steady issue goes, "people" people expecting a dip. a lot of people expecting s&p earnings to be negative but yet the markets are still up. the fiscal cliff went okay, actually bad in my view. we had no entitlement cuts. only $650 billion in new revenue...
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Jan 10, 2013
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KGO
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which claimed to operate three big fuel plants in china. but according to an investor's lawsuit, these surveillance photos taken at one plant supposedly operating at maximum capacity, show scant activity and no tanker trucks carrying the fuel to market. >> i filmed about four months, and during that period, i found that they produced essentially nothing. >> reporter: there was a beehive of activity on one day, the day american investors came for a tour. >> it was the first time in four months we see tanker trucks show up. >> reporter: but once the investors are gone, so are the tanker trucks. >> just as dead as before. >> reporter: so, this was a complete con job. >> exactly. >> reporter: the company denies any fraud, but later acknowledged there were problems at this factory. the exchanges say they have since imposed more stringent rules on such companies. but a nasdaq official became unhappy when we pressed to know how could so many of them get listed in the first place. >> companies get on exchanges through -- through -- through -- throu
which claimed to operate three big fuel plants in china. but according to an investor's lawsuit, these surveillance photos taken at one plant supposedly operating at maximum capacity, show scant activity and no tanker trucks carrying the fuel to market. >> i filmed about four months, and during that period, i found that they produced essentially nothing. >> reporter: there was a beehive of activity on one day, the day american investors came for a tour. >> it was the first...
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Jan 10, 2013
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some in america, some in china. we couldn't run them without hannah. there is a huge opportunity at the other end. we can provide now hana for a very small companies together with the anallication called b1. so hana will be everywhere on all sap product but as you said, we also go forward in a nondisruptive mode for other data bases so the customer has choice. >> tell me about acquisitions. used to be sap was allergic to doing big acquisitions but over the past few years that changeed. you did success factors and the year about that you did side base multibillion dollar acquisitions. are you going to do another one any time soon? >> we're not allergic with regards to acquisitions, but you know, not all acquisitions work and there are a lot of failures. have you prominent ones here year around. so i was always careful and as a chairman, now also careful because that's the oversight the supervisory board has. >> but now that we -- >> we have a string of three good ones. >> yeah. >> so business object, when they said they are available, i said for my siti
some in america, some in china. we couldn't run them without hannah. there is a huge opportunity at the other end. we can provide now hana for a very small companies together with the anallication called b1. so hana will be everywhere on all sap product but as you said, we also go forward in a nondisruptive mode for other data bases so the customer has choice. >> tell me about acquisitions. used to be sap was allergic to doing big acquisitions but over the past few years that changeed....
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Jan 10, 2013
01/13
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and from china. the dow, s&p and nasdaq posting gains for the second day in a row, all ten s&p sectors in the green led by financials and energy as ashley just told you. rates meantime, here's a look at the 30-year fixed rate mortgage rising to its highest level in eight weeks. freddie mac reporting 3.4% from 3.34%. the 15-year rate rose to 2.66%. and the number of americans filing new applications for unemployment benefits rising by 4,000 to a total of 371,000. prior week's total was revised lower by 5,,000, splitting hairs quite a bit on the weekly readings, but the bottom line we're still trending toward improvement. ashley: we are hoe humming along. we've got john brady in the pits of the cme, david flyer and jack ablin, chief investment officer of bmo o private bank. let's begin with john at the cme. i guess the story has been china gave the markets a nice boost with much better economic data. has that been the big story? >> it is, it's the number one story. but likewise, too, we saw a tightenin
and from china. the dow, s&p and nasdaq posting gains for the second day in a row, all ten s&p sectors in the green led by financials and energy as ashley just told you. rates meantime, here's a look at the 30-year fixed rate mortgage rising to its highest level in eight weeks. freddie mac reporting 3.4% from 3.34%. the 15-year rate rose to 2.66%. and the number of americans filing new applications for unemployment benefits rising by 4,000 to a total of 371,000. prior week's total was...
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Jan 10, 2013
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good news out of china is good news for crude, right? the question is how are trading playing that news? jim, i want to start with you. is $100 for a barrel of crude right around the corner? >> i don't think it's right around the corner. i believe the china story is really, i believe in the domestic story here and i think saudi arabia wants to support the price of oil. i don't believe in buying crude when it's up 10.5% over the last couple of weeks. clearly the market has priced in a lot of that stuff. i'll be wrong if crude can go above $95 a barrel and feel comfortable there for a couple of days, then possibly i'll be in. i think you get better levels to buy probably and 90.50. >> do you feel it's overdone at this level? >> i absolutely feel it's overdone. wti showed a 30 million barrel sur applause year on year. even though the china dat ya yafs -- data was good, the eu posted information that was credible. we're going to hit resistance around 94.50 in that area. i'm going to sell it the first time out. >> don't you see $100 by summer
good news out of china is good news for crude, right? the question is how are trading playing that news? jim, i want to start with you. is $100 for a barrel of crude right around the corner? >> i don't think it's right around the corner. i believe the china story is really, i believe in the domestic story here and i think saudi arabia wants to support the price of oil. i don't believe in buying crude when it's up 10.5% over the last couple of weeks. clearly the market has priced in a lot...
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Jan 10, 2013
01/13
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FBC
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it is the country's biggest production cut in nearly three years but china's thirst for crude is not slowing down. oil imports rose 8% in december, versus the same time in 2011. export growth in china quadrupled compared to november, indicating a strong pickup of economic activity there. both stories fueled the oil trade, closing at a high of 93.82 a barrel. >>> moving onto the other really big story of the day. president obama's new pick for treasury secretary and that is of course jack lew. if confirmed. lew could take over just as the administration is up to its neck in battles over several fiscal deadlines, including whether or not to raise the debt ceiling. but lew's critics are howling. joining me on the phone is alabama senator jeff sessions. a top republican on the senate budget committee and says that lew must never be confirmed. thanks for speaking with us today, senator. let's get right to it. what is your main objection here? >> look, mr. lew has been the point man for the president in misrepresenting the fundamentals of our debt situation. for example, in early 2011, whe
it is the country's biggest production cut in nearly three years but china's thirst for crude is not slowing down. oil imports rose 8% in december, versus the same time in 2011. export growth in china quadrupled compared to november, indicating a strong pickup of economic activity there. both stories fueled the oil trade, closing at a high of 93.82 a barrel. >>> moving onto the other really big story of the day. president obama's new pick for treasury secretary and that is of course...
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Jan 10, 2013
01/13
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>> first of all, with oil, it is true there is some that goes to china, but not nearly as much as -- when tavis came in, he claimed he was going to do a lot more in diversifying the market. the fact is venezuela is still heavily dependent on the u.s. market and because of the crude oil, because of the refinery system, it is closer, cheaper, and for a variety of reasons -- that is the main contradiction of the whole u.s.-venezuelan relationship. while political relations have been tense and fall of strain, the oil keeps flowing and venezuela keeps selling and the united states keeps buying it. i think that is a situation where the shift in the market really has not happened very much. i don't see -- if one looks at these regional organizations, there is no question there has been increasing independence, distancing from the u.s., from latin america, especially south america, which has to do with other factors besides hugo chÁvez. chÁvez has been part of it. the rising commodity prices, the role of brazil has been extremely significant. but if one looks at a lot of issues on economic
>> first of all, with oil, it is true there is some that goes to china, but not nearly as much as -- when tavis came in, he claimed he was going to do a lot more in diversifying the market. the fact is venezuela is still heavily dependent on the u.s. market and because of the crude oil, because of the refinery system, it is closer, cheaper, and for a variety of reasons -- that is the main contradiction of the whole u.s.-venezuelan relationship. while political relations have been tense...